Quadcycle Automobile Hybrid and electric car manufacturing company

We are working on becoming Nigeria’s 1st and Africa’s largest Electric and Hybrid vehicle manufacturing company.

 

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.
We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We plan to execute a proven concept in a growing market.

We are building Nigeria's first and Africa's largest Hybrid and Electric Vehicle manufacturing company. Nigeria currently spends more than $6 billion annually importing vehicles and has only one indigenous car manufacturing company. We are working towards getting 2% of this market within the next 10 years.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Osakwe Chukwunonso: Founder/ CEO; Electrical, Electronics and Computer Engineer Aniemeka Bobby: Design and software engineering Ikechukwu Anyika: Computer Engineering Aligwa Joseph: Welding Nzelu Anayo: Accountant


Product

We have a demo or prototype, you can contact us to arrange a demo. The product is built with open hardware and/or software, so there is no proprietary third-party IP.
We have a demo or prototype, you can contact us to arrange a demo. The product is built with open hardware and/or software, so there is no proprietary third-party IP.

We have a working concept prototype of one of the products that we intend to roll out into the market. This is an open electric car with a seating capacity of 4 adults, maximum speed of 50 km/h and a range of 80 km. We will be developing the Hybrid version soon.

Revenue

We plan to start by building a community of passionate customers. We plan to monetise our offering in the next phase.
We plan to start by building a community of passionate customers. We plan to monetise our offering in the next phase.

Once we have a functional factory, we intend to engage product distribution networks across the country that will provide these products to the customers. Our initial target customers are new and current rickshaw owners who will prefer or switch to our products because of its efficiency and cost savings.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates